Visa Option Alert: Mar 20 $365 Calls at the Bid: 350 vs 1 OI; Earnings 7/22 After Close [est] 

Visa Option Alert: Mar 20 $365 Calls at the Bid: 350 @ $36.8 vs 1 OI; Earnings 7/22 After Close [est] Ref=$368.78

Visa Option Alert: Nov 21 $375 Puts at the Bid: 500 vs 8 OI; Earnings 7/22 After Close [est] 

Visa Option Alert: Nov 21 $375 Puts at the Bid: 500 @ $22.75 vs 8 OI; Earnings 7/22 After Close [est] Ref=$368.64

Visa (NYSE:V) Bolsa

VISA INC-CLASS A SHARES

Visa

Visa is the largest payment processor in the world. In fiscal 2024, it processed almost $16 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.

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Visa Inc

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This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$70.00</td>
<td>$89.7K</td>
<td>1.4K</td>
<td>1.7K</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$10.00</td>
<td>$66.0K</td>
<td>43.2K</td>
<td>870</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/27/25</td>
<td>$345.00</td>
<td>$27.2K</td>
<td>64</td>
<td>842</td>
</tr>
<tr>
<td>UPST</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$47.50</td>
<td>$27.4K</td>
<td>861</td>
<td>671</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/15/26</td>
<td>$500.00</td>
<td>$215.0K</td>
<td>473</td>
<td>606</td>
</tr>
<tr>
<td>HOOD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/27/25</td>
<td>$73.00</td>
<td>$30.5K</td>
<td>405</td>
<td>513</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$275.00</td>
<td>$63.9K</td>
<td>4.4K</td>
<td>445</td>
</tr>
<tr>
<td>FHN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$15.00</td>
<td>$45.1K</td>
<td>3.0K</td>
<td>280</td>
</tr>
<tr>
<td>RKT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$11.00</td>
<td>$28.5K</td>
<td>987</td>
<td>100</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a call option sweep with bullish sentiment. It expires in 63 day(s) on August 15, 2025. Parties traded 156 contract(s) at a $70.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $89.7K, with a price of $575.0 per contract. There were 1436 open contracts at this strike prior to today, and today 1796 contract(s) were bought and sold. 
• Regarding SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we observe a call option trade with bearish sentiment. It expires in 581 day(s) on January 15, 2027. Parties traded 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $66.0K, with a price of $660.0 per contract. There were 43240 open contracts at this strike prior to today, and today 870 contract(s) were bought and sold. 
• Regarding V (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), we observe a put option sweep with bullish sentiment. It expires in 14 day(s) on June 27, 2025. Parties traded 69 contract(s) at a $345.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $27.2K, with a price of $395.0 per contract. There were 64 open contracts at this strike prior to today, and today 842 contract(s) were bought and sold. 
• For UPST (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>), we notice a put option sweep that happens to be bullish, expiring in 189 day(s) on December 19, 2025. This event was a transfer of 31 contract(s) at a $47.50 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $885.0 per contract. There were 861 open contracts at this strike prior to today, and today 671 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option sweep that happens to be bullish, expiring in 336 day(s) on May 15, 2026. This event was a transfer of 200 contract(s) at a $500.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $215.0K, with a price of $1075.0 per contract. There were 473 open contracts at this strike prior to today, and today 606 contract(s) were bought and sold. 
• Regarding HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we observe a put option sweep with bearish sentiment. It expires in 14 day(s) on June 27, 2025. Parties traded 100 contract(s) at a $73.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $307.0 per contract. There were 405 open contracts at this strike prior to today, and today 513 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a call option sweep with bearish sentiment. It expires in 35 day(s) on July 18, 2025. Parties traded 156 contract(s) at a $275.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $63.9K, with a price of $410.0 per contract. There were 4477 open contracts at this strike prior to today, and today 445 contract(s) were bought and sold. 
• Regarding FHN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>), we observe a call option sweep with bullish sentiment. It expires in 63 day(s) on August 15, 2025. Parties traded 100 contract(s) at a $15.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $45.1K, with a price of $452.0 per contract. There were 3017 open contracts at this strike prior to today, and today 280 contract(s) were bought and sold. 
• Regarding RKT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>), we observe a call option trade with bearish sentiment. It expires in 35 day(s) on July 18, 2025. Parties traded 100 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $285.0 per contract. There were 987 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

HOOD

SOFI

UPST

9 Financials Stocks With Whale Alerts In Today's Session

WIIM

Shares of credit card and payments companies are trading lower following a WSJ report suggesting Walmart and Amazon are exploring issuing their own stablecoins.

Whales with a lot of money to spend have taken a noticeably bullish stance on Visa.
Looking at options history for Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) we detected 73 trades.
If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 41% with bearish.
From the overall spotted trades, 37 are puts, for a total amount of $2,756,547 and 36, calls, for a total amount of $1,785,601.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $230.0 to $380.0 for Visa over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Visa's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Visa's significant trades, within a strike price range of $230.0 to $380.0, over the past month.
<h3>Visa Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749826878_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>V</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$29.85</td>
<td>$29.25</td>
<td>$29.85</td>
<td>$350.00</td>
<td>$140.2K</td>
<td>571</td>
<td>63</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$7.05</td>
<td>$6.55</td>
<td>$7.0</td>
<td>$350.00</td>
<td>$140.0K</td>
<td>1.3K</td>
<td>1.7K</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/18/26</td>
<td>$135.95</td>
<td>$132.5</td>
<td>$135.95</td>
<td>$230.00</td>
<td>$135.9K</td>
<td>0</td>
<td>10</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$20.15</td>
<td>$20.0</td>
<td>$20.15</td>
<td>$350.00</td>
<td>$130.6K</td>
<td>1.3K</td>
<td>326</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$7.5</td>
<td>$7.45</td>
<td>$7.45</td>
<td>$350.00</td>
<td>$126.4K</td>
<td>1.3K</td>
<td>1.3K</td>
</tr>
</tbody>
</table>

<h3>About Visa</h3>
Visa is the largest payment processor in the world. In fiscal 2024, it processed almost $16 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
<h3>Visa's Current Market Status</h3>
<ul>
<li>With a volume of 5,617,245, the price of V is down -2.95% at $360.44. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 39 days.</li>
</ul>
<h3>Expert Opinions on Visa</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $410.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Mizuho has elevated its stance to Outperform, setting a new price target at $425. 
&#x2A; Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on Visa with a target price of $410. 
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Buy rating on Visa with a target price of $405. 
&#x2A; An analyst from Truist Securities has revised its rating downward to Buy, adjusting the price target to $400. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Visa options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Looking At Visa's Recent Unusual Options Activity

BofA Securities analyst Mihir Bhatia said the <a href="https://www.benzinga.com/topic/credit-cards" target="_blank" rel="noreferrer noopener">U.S. premium credit card</a> market is highly lucrative and one of the most competitive card markets in the world.
The analyst surveyed 2,555 individuals to gain insights into how they view premium credit card brands, what rewards are most valuable and how they use their cards.
About half of the survey respondents held a credit card with an annual fee, but only 13% of total respondents held cards with yearly fees greater than $250, which he considered &#8220;premium credit cards.&#8221;
Also Read: <a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44903362/american-express-solid-revenue-and-spending-trends-drive-analyst-optimism" target="_blank" rel="noreferrer noopener">American Express&#8217; Solid Revenue, Spending Trends Drive Analyst Optimism</a>
Bhatia noted that American Express Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) is widely viewed as the most premium credit card brand among respondents in his survey, with 62% of respondents (64% in the fiscal 2023 survey) associating the brand with premium cards.
However, the analyst said JP Morgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Capital One Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) have closed this gap, as those issuers were selected 50% and 43% of the time, respectively.
He said this contrasted with his 2023 results.
Bhatia noted that brand perceptions for Capital One (+19%) and Chase (+7%) have improved sharply.
The analyst noted that those with a premium card were already more likely to view these brands as premium.
Overall, the results suggest Amex is still viewed as an aspirational premium brand, but other issuers are gaining ground, he said.
Consumers applied for their premium card primarily to upgrade the rewards they were earning on their prior card (55% of respondents), followed by wanting to change the type of rewards, and trusting the brand, both at 44% of respondents, Bhatia noted.
The analyst noted that card points were the highest-valued credit card rewards category among premium cardholders by a wide margin.
However, among all cardholders who completed the survey, he said cash back was the most valued reward at 70% of respondents, and the closest response was card points at 37%.
Bhatia added a special question to gauge consumer opinions about Discover.
It was noted that 65% of all respondents and a surprising 79% of those with a premium card are open to getting a Discover brand card, the analyst noted. However, he said 44% of all respondents cited concerns about Discover card acceptance. Bhatia noted that this number increased to 73% when looking at those who already have a premium card.
So, while industry data suggests Discover has parity acceptance with Visa Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) or Mastercard Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), the analyst noted that Capital One will likely need to make significant investments to close the perception gap, particularly to attract premium cardholders.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/earnings/25/04/44862333/american-express-q1-card-spending-strong-ceo-maintains-annual-outlook-contingent-on-economic-climate" target="_blank" rel="noreferrer noopener">Amex CEO Says Consumers Still Spending Freely: So Why Is the Stock Sliding?</a></li>
</ul>
Photo: Shutterstock

Price Target

Analyst Ratings

Trading Ideas

Amex Still King Of Premium Credit Cards — But Chase, Capital One Are Closing In Fast: Analyst

Analysts at Bernstein say that Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) is emerging as the foundational layer for real-world financial applications such as <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44456074/tokenization-will-merge-crypto-and-equities-bernstein">stablecoins and tokenization</a> and developments that signal a turning point for public blockchain utility and value.
In their latest note, Bernstein analysts wrote, "Stablecoins and tokenisation driven financial applications are being built on public blockchain/crypto networks such as Ethereum."
They argue that while Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) narrative remains rooted in store-of-value use cases, Ethereum's strength lies in enabling decentralized financial infrastructure at scale.
The report highlights how this utility is becoming more visible to institutional investors. While <a href="https://www.benzinga.com/money/best-spot-bitcoin-etfs">Bitcoin ETFs</a> have gathered over $120 billion in assets under management, <a href="https://www.benzinga.com/money/what-is-ethereum-etf">Ethereum ETFs</a>, though smaller in comparison, have started to gain momentum with $815 million in inflows over the past 20 days and total year-to-date net inflows turning positive at $658 million.
Bernstein analysts describe this moment as "the stage where crypto takes a leap from speculative token markets to blockchain-driven financial innovation." 
Ethereum, they argue, is no longer just a decentralized computer in theory, but one powering open financial rails that integrate stablecoins, tokenized assets, and modern fintech use cases.
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45800399/circle-surges-to-69-in-nyse-debut-raising-1-1b-as-investors-bet-on-stablecoins-going-mainstream">Circle Surges To $69 In NYSE Debut, Raising $1.1B As Investors Bet On Stablecoins Going Mainstream</a>
They point to active development by major players such as Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), MasterCard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), and Stripe in stablecoin infrastructure, as well as efforts by Robinhood (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) and Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) to build tokenized equity platforms and stablecoin-based payment systems, all using public crypto rails like Ethereum.
Addressing a common investor refrain that &#8220;blockchain is valuable, but crypto is useless,&#8221; Bernstein counters: "These are not different things. If you believe in stablecoin based payments innovation, why is the Ethereum network that mints the stablecoins and processes stablecoin transactions, not valuable?"
The analysts argue that Ethereum is now reaching an inflection point where both its utility and its native asset's value are being recognized. 
"There is now both utility and value accrual," the note says, suggesting that institutional capital is beginning to acknowledge Ethereum&#8217;s foundational role.
Coinbase's Base network and Robinhood's tokenized asset plans are cited as further evidence that crypto-native infrastructure is becoming the backend for the next wave of financial services.
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</ul>
Image: Shutterstock

Ethereum Derives Value From Driving Tokenization, Stablecoin Growth: Bernstein

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/13/25</td>
<td>$46.00</td>
<td>$111.7K</td>
<td>20.7K</td>
<td>23.4K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$13.00</td>
<td>$69.0K</td>
<td>7.4K</td>
<td>5.7K</td>
</tr>
<tr>
<td>KKR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$125.00</td>
<td>$59.0K</td>
<td>236</td>
<td>1.8K</td>
</tr>
<tr>
<td>COF</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$200.00</td>
<td>$39.0K</td>
<td>5.5K</td>
<td>995</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$15.00</td>
<td>$34.6K</td>
<td>77.4K</td>
<td>752</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$275.00</td>
<td>$103.0K</td>
<td>2.1K</td>
<td>163</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$365.00</td>
<td>$54.2K</td>
<td>907</td>
<td>81</td>
</tr>
<tr>
<td>XYZ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$70.00</td>
<td>$45.0K</td>
<td>3.2K</td>
<td>70</td>
</tr>
<tr>
<td>AFRM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$65.00</td>
<td>$66.7K</td>
<td>2.2K</td>
<td>64</td>
</tr>
<tr>
<td>SYF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$57.50</td>
<td>$25.6K</td>
<td>186</td>
<td>57</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on June 13, 2025. This event was a transfer of 6943 contract(s) at a $46.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $111.7K, with a price of $16.0 per contract. There were 20711 open contracts at this strike prior to today, and today 23467 contract(s) were bought and sold. 
• For NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we notice a call option trade that happens to be bullish, expiring in 39 day(s) on July 18, 2025. This event was a transfer of 3000 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $69.0K, with a price of $23.0 per contract. There were 7403 open contracts at this strike prior to today, and today 5772 contract(s) were bought and sold. 
• For KKR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>), we notice a call option sweep that happens to be bullish, expiring in 193 day(s) on December 19, 2025. This event was a transfer of 41 contract(s) at a $125.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $59.0K, with a price of $1440.0 per contract. There were 236 open contracts at this strike prior to today, and today 1813 contract(s) were bought and sold. 
• For COF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>), we notice a call option trade that happens to be bearish, expiring in 11 day(s) on June 20, 2025. This event was a transfer of 100 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $390.0 per contract. There were 5599 open contracts at this strike prior to today, and today 995 contract(s) were bought and sold. 
• Regarding SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we observe a call option trade with bullish sentiment. It expires in 221 day(s) on January 16, 2026. Parties traded 150 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $231.0 per contract. There were 77439 open contracts at this strike prior to today, and today 752 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a call option trade that happens to be neutral, expiring in 102 day(s) on September 19, 2025. This event was a transfer of 100 contract(s) at a $275.00 strike. The total cost received by the writing party (or parties) was $103.0K, with a price of $1030.0 per contract. There were 2181 open contracts at this strike prior to today, and today 163 contract(s) were bought and sold. 
• Regarding V (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), we observe a call option trade with bearish sentiment. It expires in 39 day(s) on July 18, 2025. Parties traded 50 contract(s) at a $365.00 strike. The total cost received by the writing party (or parties) was $54.2K, with a price of $1085.0 per contract. There were 907 open contracts at this strike prior to today, and today 81 contract(s) were bought and sold. 
• Regarding XYZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>), we observe a call option trade with bullish sentiment. It expires in 221 day(s) on January 16, 2026. Parties traded 50 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $900.0 per contract. There were 3251 open contracts at this strike prior to today, and today 70 contract(s) were bought and sold. 
• For AFRM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), we notice a put option trade that happens to be bearish, expiring in 221 day(s) on January 16, 2026. This event was a transfer of 47 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $66.7K, with a price of $1420.0 per contract. There were 2202 open contracts at this strike prior to today, and today 64 contract(s) were bought and sold. 
• For SYF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>), we notice a call option sweep that happens to be neutral, expiring in 11 day(s) on June 20, 2025. This event was a transfer of 58 contract(s) at a $57.50 strike. This particular call needed to be split into 58 different trades to become filled. The total cost received by the writing party (or parties) was $25.6K, with a price of $441.0 per contract. There were 186 open contracts at this strike prior to today, and today 57 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AFRM

10 Financials Stocks With Whale Alerts In Today's Session

Visa's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) short percent of float has risen 9.93% since its last report. The company recently reported that it has 28.42 million shares sold short, which is 1.66% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.45 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Visa Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749218425_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Visa has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Visa's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Visa's peer group average for short interest as a percentage of float is 6.19%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Do Investors Really Feel About Visa?

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Jefferies analyst Julien Dumoulin-Smith upgraded the rating for The Southern Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>) from Hold to Buy and lowered the price target from $102 to $100. Southern shares closed at $88.29 on Wednesday. <a href="https://www.benzinga.com/quote/SO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Matthew Boss upgraded Dollar Tree, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) from Neutral to Overweight and raised the price target from $72 to $111. Dollar Tree shares closed at $88.62 on Wednesday. <a href="https://www.benzinga.com/quote/DLTR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Janney Montgomery Scott analyst Timothy Coffey upgraded the rating for Glacier Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBCI#NYSE">GBCI</a>) from Neutral to Buy and announced a $48 price target. Glacier Bancorp shares closed at $41.21 on Wednesday. <a href="https://www.benzinga.com/quote/GBCI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Josh Baer upgraded Udemy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UDMY#NASDAQ">UDMY</a>) from Underweight to Equal-Weight and boosted the price target from $7 to $9. Udemy shares closed at $7.69 on Wednesday. <a href="https://www.benzinga.com/quote/UDMY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho analyst Dan Dolev upgraded Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) from Neutral to Outperform and raised the price target from $359 to $425. Visa shares closed at $368.08 on Wednesday. <a href="https://www.benzinga.com/quote/V/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying Visa stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/V/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="591" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150824/image-70-1024x591.png" alt="" class="wp-image-940262" style="width:629px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150824/image-70-1024x591.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150824/image-70-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150824/image-70-768x443.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150824/image-70.png 1113w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45790405/top-2-defensive-stocks-that-are-ticking-portfolio-bombs">Top 2 Defensive Stocks That Are Ticking Portfolio Bombs</a></li>
</ul>

Upgrades

Intraday Update

DLTR

GBCI

UDMY

This Visa Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday

Mizuho analyst Dan Dolev upgrades Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) from Neutral to Outperform and raises the price target from $359 to $425.

Mizuho Upgrades Visa to Outperform, Raises Price Target to $425

Whales with a lot of money to spend have taken a noticeably bearish stance on Visa.
Looking at options history for Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 70% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $247,375 and 6, calls, for a total amount of $324,884.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $360.0 to $400.0 for Visa over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Visa stands at 848.8, with a total volume reaching 2,269.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Visa, situated within the strike price corridor from $360.0 to $400.0, throughout the last 30 days.
<h3>Visa Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748966433_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>V</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$18.25</td>
<td>$17.9</td>
<td>$17.95</td>
<td>$375.00</td>
<td>$97.0K</td>
<td align="right">256</td>
<td align="right">163</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$7.7</td>
<td>$7.55</td>
<td>$7.55</td>
<td>$362.50</td>
<td>$75.5K</td>
<td align="right">193</td>
<td align="right">197</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$13.9</td>
<td>$13.65</td>
<td>$13.86</td>
<td>$375.00</td>
<td>$69.1K</td>
<td align="right">371</td>
<td align="right">240</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$13.9</td>
<td>$13.65</td>
<td>$13.85</td>
<td>$375.00</td>
<td>$54.1K</td>
<td align="right">371</td>
<td align="right">300</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$18.75</td>
<td>$18.45</td>
<td>$18.75</td>
<td>$375.00</td>
<td>$50.6K</td>
<td align="right">256</td>
<td align="right">107</td>
</tr>
</tbody>
</table>

<h3>About Visa</h3>
Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
In light of the recent options history for Visa, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Visa Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 1,691,895, with V's price down by -0.29%, positioned at $364.26.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 49 days.</li>
</ul>
<h3>What Analysts Are Saying About Visa</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $405.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from UBS has decided to maintain their Buy rating on Visa, which currently sits at a price target of $405. 
&#x2A; An analyst from Truist Securities has revised its rating downward to Buy, adjusting the price target to $400. 
&#x2A; Maintaining their stance, an analyst from Jefferies continues to hold a Buy rating for Visa, targeting a price of $410. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Visa, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Check Out What Whales Are Doing With Visa

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Goldman Sachs analyst Robert Cox initiated coverage on Aspen Insurance Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHL#NYSE">AHL</a>) with a Neutral rating and announced a price target of $38. Aspen Insurance shares closed at $34.30 on Friday. <a href="https://www.benzinga.com/quote/ahl/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. analyst Brandon Folkes initiated coverage on Cardiol Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDL#NASDAQ">CRDL</a>) with a Buy rating and announced a price target of $9. Cardiol Therapeutics shares closed at $1.4251 on Friday. <a href="https://www.benzinga.com/quote/crdl/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Christopher Carril initiated coverage on Shake Shack Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) with a Sector Weight rating. Shake Shack shares closed at $129.79 on Friday. <a href="https://www.benzinga.com/quote/shak/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities analyst Matthew Coad initiated coverage on Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) with a Buy rating and announced a price target of $400. Visa shares closed at $365.19 on Friday. <a href="https://www.benzinga.com/quote/v/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Patrick Cunningham initiated coverage on RPM International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) with a Buy rating and announced a price target of $135. RPM shares closed at $113.84 on Friday. <a href="https://www.benzinga.com/quote/rpm/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying Visa stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="584" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02091105/image-9-1024x584.png" alt="" class="wp-image-935200" style="width:617px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02091105/image-9-1024x584.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02091105/image-9-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02091105/image-9-768x438.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02091105/image-9.png 1135w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/large-cap/25/06/45719208/cramer-shouldve-told-investors-to-pull-the-trigger-on-trade-desk-cant-believe-how-low-gentex-has-fallen">Cramer: Should&#8217;ve Told Investors To &#8216;Pull The Trigger&#8217; On Trade Desk, Can&#8217;t Believe &#8216;How Low&#8217; Gentex Has Fallen</a> </li>
</ul>
Photo via Shutterstock

Initiation

Pre-Market Outlook

CRDL

SHAK

This Visa Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday

Truist Securities analyst Matthew Coad initiates coverage on Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) with a Buy rating and announces Price Target of $400.

Truist Securities Initiates Coverage On Visa with Buy Rating, Announces Price Target of $400

In the current session, the stock is trading at $360.00, after a 0.08% spike. Over the past month, Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) stock increased by 5.82%, and in the past year, by 33.00%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2025/1748548866_0.png" alt="Past Year Chart" />

<h3>Visa P/E Compared to Competitors</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of 33.96 in the Financial Services industry, Visa Inc. has a higher P/E ratio of 36.15. Shareholders might be inclined to think that Visa Inc. might perform better than its industry group. It's also possible that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1748548866_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Price Over Earnings Overview: Visa

Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) has outperformed the market over the past 10 years by 7.24% on an annualized basis producing an average annual return of 18.02%. Currently, Visa has a market capitalization of $692.86 billion. 
Buying $100 In V: If an investor had bought $100 of V stock 10 years ago, it would be worth $523.61 today based on a price of $361.50 for V at the time of writing.
<h3>Visa's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748529012_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Visa 10 Years Ago Would Be Worth Today

UBS analyst Timothy Chiodo maintains Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) with a Buy and raises the price target from $395 to $405.

UBS Maintains Buy on Visa, Raises Price Target to $405

Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $379.83, a high estimate of $410.00, and a low estimate of $330.00. A decline of 2.76% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2025/1748383308_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
A clear picture of Visa's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Trevor Williams</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$410.00</td>
<td>$400.00</td>
</tr>
<tr>
<td>Paul Golding</td>
<td>Macquarie</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$380.00</td>
<td>$400.00</td>
</tr>
<tr>
<td>Timothy Chiodo</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$395.00</td>
<td>$400.00</td>
</tr>
<tr>
<td>Rufus Hone</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$380.00</td>
<td>$370.00</td>
</tr>
<tr>
<td>Arvind Ramnani</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$384.00</td>
<td>$383.00</td>
</tr>
<tr>
<td>Adam Frisch</td>
<td>Evercore ISI Group</td>
<td>Announces</td>
<td>In-Line</td>
<td>$330.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Visa. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Visa compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Visa's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Visa's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/V/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Visa analyst ratings.</a>
<h2>About Visa</h2>
Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
<h3>Breaking Down Visa's Financial Performance</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Visa displayed positive results in 3M. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 9.33%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Visa's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 47.71% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Visa's ROE excels beyond industry benchmarks, reaching 12.28%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 4.96%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.56.
<h2>The Basics of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Breaking: Wall Street's Next Big Mover
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where Visa Stands With Analysts

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$270.00</td>
<td>$35.2K</td>
<td>5.2K</td>
<td>2.8K</td>
</tr>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$45.00</td>
<td>$26.6K</td>
<td>1.0K</td>
<td>467</td>
</tr>
<tr>
<td>PRU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$100.00</td>
<td>$57.2K</td>
<td>598</td>
<td>193</td>
</tr>
<tr>
<td>FI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$165.00</td>
<td>$56.9K</td>
<td>25</td>
<td>142</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$335.00</td>
<td>$27.0K</td>
<td>410</td>
<td>29</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option sweep that happens to be neutral, expiring in 25 day(s) on June 20, 2025. This event was a transfer of 22 contract(s) at a $270.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $1600.0 per contract. There were 5225 open contracts at this strike prior to today, and today 2875 contract(s) were bought and sold. 
• For UPST (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>), we notice a call option trade that happens to be bullish, expiring in 25 day(s) on June 20, 2025. This event was a transfer of 73 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $26.6K, with a price of $365.0 per contract. There were 1041 open contracts at this strike prior to today, and today 467 contract(s) were bought and sold. 
• Regarding PRU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>), we observe a call option trade with bullish sentiment. It expires in 25 day(s) on June 20, 2025. Parties traded 130 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $57.2K, with a price of $440.0 per contract. There were 598 open contracts at this strike prior to today, and today 193 contract(s) were bought and sold. 
• For FI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>), we notice a put option sweep that happens to be bearish, expiring in 388 day(s) on June 18, 2026. This event was a transfer of 27 contract(s) at a $165.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $56.9K, with a price of $2110.0 per contract. There were 25 open contracts at this strike prior to today, and today 142 contract(s) were bought and sold. 
• For V (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), we notice a call option trade that happens to be bearish, expiring in 235 day(s) on January 16, 2026. This event was a transfer of 6 contract(s) at a $335.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $4505.0 per contract. There were 410 open contracts at this strike prior to today, and today 29 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

5 Financials Stocks Whale Activity In Today's Session

Everybody "knows" that value investing doesn't work anymore. It's in all the headlines.
Investing today is about technology, everyone says. It's about artificial intelligence. It's about quantum computing, about the rebirth of nuclear energy.
Some of this is true, some isn't, but what's really not true is that value investing doesn't work. In fact, it still works better than just about any other investing approach.
The reason people say otherwise is because they've got value all wrong. "Value," they think, is just another word for "cheap." But most cheap stocks are cheap because they're bad investments.
Here's how to invest in value the right way using just two metrics – and beat the markets handily.
<h2 class="wp-block-heading">What People Get Wrong About Value</h2>
There are a couple of problems with the way people define value investing. First, we need to address the fact that the sound of it is boring.  Value investing sounds like a professor with tweed elbow patches smoking a pipe in an old dusty office in some brick and ivy university somewhere up in Vermont or Maine during a snowstorm. It just sounds boring.
Perhaps if we could call it vulture investing, market pillaging, or some other equally interesting name, it would attract more attention.
But then again, since we seem to have a corner on it, do we really want to attract all that much attention?
Second, let's talk about the way people track value. For instance, the Russell Value Index is supposed to represent value. When you compare it, growth has outperformed value for several hundred consecutive years, according to the literature.
That may be a slight exaggeration, but you get the point.
When you examine the Russell 1000 Value index, it's allegedly the bottom half of the Russell 2000 weighted by value components.
The top holdings include Berkshire Hathaway, Cisco Systems, McDonald&#8217;s, Walt Disney, Raytheon, and Caterpillar. These are all great companies.
What they are not is value companies.
<h2 class="wp-block-heading">The Truth About Value</h2>
When we really look at the hard data, the truth is that absolute value never stopped working. When you look at companies that are trading at discounts to asset value, low multiples of the cash produced by the business, and low multiples of liquidation value, which is still one of my favorites, the truth is that they have continued to work and work very well.
The key thing that most people leave out is they will run a list of companies trading below book value and will say, &#8220;Look, these underperformed the market.&#8221; That is, in fact, true.
More than half of those companies are unprofitable and overleveraged, and their products are going completely out of style. You know, they are CD-ROM manufacturers or buggy whip makers in the business of making something we are never going to use again.
Many of the companies that trade below book value, in all honesty, do so for a reason. They are headed for the garbage pile.
<h2 class="wp-block-heading">Making Value Work: Financial Strength</h2>
How do we get rid of those? You have to adjust for a couple of factors:
<ul class="wp-block-list">
<li>You want strength in the financial statements.</li>
<li>You want the ability to survive, and you prefer that they are profitable.</li>
</ul>
Two papers, with several follow-ups, have come out in the last twenty-five years that show us how to do this.
One of these is Joseph Piotrowski&#8217;s publication &#8220;Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers.&#8221; The F-score is based on that paper.
Value plus the F-score crush the market. When we add value plus the F-score plus credit scores, I prefer the Altman Z score—then you annihilate the market.
The key variable here is profitability and financial strength.
<h2 class="wp-block-heading">The Missing Factor: Profitability</h2>
The other paper, which very few people seem to have read, is important.
In 2013, an economist, Robert Novy-Marks, published a paper that should have but didn&#8217;t redefine the entire playing field for investing. It is called &#8220;The Other Side of Value: The Gross Profitability Premium.&#8221;
Basically, they found that highly profitable companies outperform, no matter how cheap or expensive they may look. It is a single idea that gross profitability is the missing dimension, the missing factor.
It has found its way into some of the academic models. Novy-Marksed followed up on it with &#8220;Profitability Retrospective: What Have We Learned?&#8221;
This is key because many people today will tell you that quality matters. We have got to buy these quality companies. Everyone has a 16, 17, or 18-factor model that supposedly helps us identify truly high-quality companies.
Novy-Marks has found in both the original 2013 study and the retrospective today that you only need one factor to identify quality. That factor is profitability, which is defined in the original paper as gross profits as a percentage of assets.
The higher that is, the better the company is.
<h2 class="wp-block-heading">Quality Simplified</h2>
It explains all of the excess returns from so-called quality investing. When you ask what exactly we are looking for here, it turns out it all boils down to one simple measure.
You can use an 18-factor model, or you can use just gross profitability as a percent of assets. When you look at the largest cap companies that are in the upper end of the range: Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Meta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), Eli Lilly (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), MasterCard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>), Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>), UnitedHealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>), T-Mobile (NASDAQ: TMUS) &#8211; all of the same companies that would show up if we use that super sophisticated, 18-factor quality model for which you will pay a massive premium to have access to the data – it turns out you can get the same list using just gross profitability.
Gross profitability also explains all of the defensive strategies.
All of the defensive low beta stocks are just highly profitable companies that also are growing their asset base slowly. They are doing very conservative investing. They are not de-worsifying the business. They are not trying to grow at a high rate.
They are just ridiculously profitable companies that are willing to sit in place and do what they are good at and continually pile up profits and cash.
<h2 class="wp-block-heading">Unifying Factor</h2>
Profitability explains quality. It explains the low beta and low volatility phenomena.
Many investors have looked for new ways to define value. Cash flow to price, earnings forecast, intangible adjusted tangible book value, adjust for a lot of different factors in R&amp;D. These are going to "fix" value's alleged shortcomings in a day and age of high technology.
The truth is that all these newer value strategies sneak in profitability as a factor in addition to value. Profitability by itself delivers market-beating returns.
Profitability plus value, whether that is price to book or a different model that works, like enterprise value to earnings before interest and taxes, beats the market even more.
<h2 class="wp-block-heading">Why Value Appears to Have Underperformed</h2>
When we look at the underperformance of "value" since 2007, the truth is that it's because we junked up the value universe. We put a lot of garbage in there. There are many stocks trading below book value that are biotech startup companies. They are below the cash balance on the balance sheet, but they are burning cash at a rapid rate and will soon be out of money. The book value will, in fact, disappear.
There are all these companies that look cheap but are wildly unprofitable. They are burning through money.
Then you have a lot of garbage that came in through the two SPAC movements in 2007 and then again in 2020 when companies that were still basically at the garage stage of existence suddenly went public.
We really junked up the value universe with a lot of garbage.
<h2 class="wp-block-heading">The Foundation of Investment Success</h2>
Profitability is not just another factor but another tool.
It is a foundational tool that unifies multiple styles. It is part of quality, defensive value, and even some growth stocks.
Profitability explains a lot of the strategies that people use without relying on complicated, expensive 18-factor models.
If we take low-volatility companies and buy the most profitable, we are going to outperform the market.
If we just buy the most profitable companies, we are going to outperform the market.
If we buy the most profitable companies that are trading at low multiples of the cash produced by the business, we are going to absolutely crush the markets.
This is not a day trading system or a short-term trading system. It is the single best way to build long-term portfolios that beat the market and produce lasting wealth.
<h2 class="wp-block-heading">The Unified Theory of Investing</h2>
Profitability explains almost everything that happens in the market. If you have a great business, it is wildly profitable.
If you are a quality company with high returns on equity, low leverage, and earning stability, you are a very profitable company.
If you are a defensive company with low volatility and lower beta, all of the outperformance of these strategies is because they are profitable companies that are not reinvesting in the business to rapidly grow the asset base.
You have low-investment, profitable companies. There is your entire defensive strategy.
The underperformance of value investing over the last fifteen years or so is entirely because of the addition of so many unprofitable companies. If we use F-scores and profitability to screen out just the profitable undervalued companies, performance goes through the roof.
<h2 class="wp-block-heading">The Simple Path to Success</h2>
Most people won't do it because it doesn't make you rich by next Tuesday. It is not the absolute most exciting strategy on the planet. What it does is give you a very easy, quick way to uncover opportunities.
Two scores.
That is all you have to check. You can put together a universe of companies that can crush the market.
Basically, no folks, value investing is not dead.
If anything, if you understand that financial strength and profitability are the key to making value investing go from boring to the most exciting thing you can possibly do with your money, value investing is very much alive and still very successful.
<h2 class="wp-block-heading">Want to Trade the Next Reversal? Start Here</h2>
Matt Maley is watching one ultra-liquid ETF that surges when the market pulls back. He's used it time and time again—and this Wednesday at 6 PM ET, he'll be live to show you how to time it with precision. It's perfect for short-term traders looking to get ahead of the next move. Register <a href="https://events2.benzinga.com/matt-maley-webinar-wed-may28-2025-registration/?utm_campaign=webinar052825&amp;utm_adType=sponsorad&amp;utm_ad=RD052725">HERE</a> for this free masterclass now.
Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
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Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
12:01 PMJun 10, 2025	CALL	$365.00	Mar 20, 2026	279	350	350	35000	1	TRADE	BEARISH
11:25 AMJun 04, 2025	PUT	$375.00	Nov 21, 2025	160	500	500	6250	8	TRADE	BULLISH